| Registered Office: Flat No 104 929/1 Naiwala,Faiz Road Karol Bagh,New Delhi-110005, New Delhi |
| Tel. No: +91 124 439 6907 |
| Fax No: |
| Email: compliance@askbrake.com |
| Website: www.askbrake.com |
| Initial public offering of 29,571,390* equity shares of face value of Rs. 2 each ("Equity Shares") of ASK Automotive Limited ("The Company" or the "Issuer") for cash at a price of Rs. 282 per equity share of face value of
Rs. 2 ("Offer Price") aggregating to Rs. 833.91 crores, comprising an offer for sale of 20,699,973* equity shares of face value of Rs. 2 aggregating to Rs. 583.74 crores by Kuldip Singh Rathee and 8,871,417* equity shares of face value of Rs. 2 aggregating to Rs. 250.17 crores by Vijay Rathee ("Promoter Selling Shareholders") (the "Offer for Sale" or the "Offer"). The offer shall constitute 15.00% of the post-offer paid-up equity share capital of the company.
The face value of the equity share is Rs. 2 each. The offer price is 141 times the face value of the equity shares.
*Subject to finalization of basis of allotment.
|